Add as a preferred source on GoogleBitcoin (BTC) Remains Under Short-Term Holders’ Realized Price for Fifth Day
The overnight price-to-cost ratio was 0.90, indicating an estimated 10% paper loss for the cohort; the MVRV Z-Score fell to 0.54 but remained above zero.
The $75,429 short-term holder realized price remained above Bitcoin’s market price for a fifth day Friday, leaving recent buyers with an estimated 10% paper loss.
BTC was $68,608 as of 2:57 a.m. ET Friday (07:57 UTC), down 6.75% over 24 hours. Short-term holders are defined here as coins acquired during the preceding 155 days, and the realized price represents their average acquisition level.
At around $68,000 overnight, the price-to-cost ratio for that group stood at 0.90. That means Bitcoin’s market price was about 90 cents for every dollar in the cohort’s realized price, consistent with the estimated 10% loss. The fifth-day reading follows TokenPost’s Nov. 11 coverage of Bitcoin’s short-term holder benchmark.
Bitcoin’s MVRV Z-Score fell 0.13 point this week to 0.54. It remained above zero, indicating that unrealized profits persisted even as their buffer narrowed.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.